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IMF and EU clash over Greece's bailout prospects
ATHENS/WASHINGTON - Greece's international lenders are at loggerheads over how to solve Athens' debt crisis, threatening more trouble for the euro as the IMF demands European governments write off some of the Greek debt they hold. Full ArticleLloyd's of London rebounds as disaster claims drop
LONDON - The Lloyd's of London insurance market swung back into profit in the first six months of 2012, after a comparative lack of natural disasters reduced its claims bill by nearly a third, it said on Wednesday. | Video
Vitol trades Iranian fuel oil, skirting sanctions
SINGAPORE/BEIJING - Vitol, the world's largest oil trader, is buying and selling Iranian fuel oil, undermining Western efforts to choke the flow of petrodollars to Tehran and put pressure on Iran's suspected nuclear weapons programme. Full Article
U.S. probe of HSBC tangled up in bureaucracy
At least 11 different U.S. departments, offices and regulators as well as the Senate have probed HSBC for money-laundering lapses. These multiple inquiries have slowed the prosecution, added to costs, and led to rancour within the Department of Justice. Full Article
RIM spurs rare optimism with surprising growth
SAN JOSE - Research in Motion offers investors a ray of hope, announcing an unexpected increase in subscriber numbers that sent its shares up 5 percent as the company worked hard to drum up enthusiasm for its crucial Blackberry due 2013. Full Article
Japan's automakers to slow output in China
BEIJING - Japanese automakers including Toyota and Nissan are cutting back production in China in the wake of anti-Japan protests that shuttered dealerships and darkened their sales outlook in the world's biggest car market. Full Article
India's Sahara - massive... and mysterious
KHALILABAD - Millions of Indians have invested in Sahara, an unlisted giant whose core client base is in small towns. Here, critics say, its investment products are designed to evade regulatory oversight and sold to clients who do not understand the risks. Full Article
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